News Corp. to make all their news properties pay only access
News Corp. has announced that they are going to start charging for access to their news sites from next year.
The Rupert Murdoch owned media giant has been critical of free access to news information online since some time now.
This means, web users would have [...]
AOL: Tim Armstrong says job cuts possible in the future
AOL CEO Tim Armstrong has admitted that they cannot rule out job cuts in the future as the company aims to get back to profitability.
He has been working hard on restructuring the company to ensure that they do not waste any resources.
The company [...]
BusinessWeek might be next to be sold
BusinessWeek is a popular news media magazine.
However, it is struggling to generate enough revenues for the parent company McGraw-Hill.
McGraw-Hill has revealed that they are now exploring strategic options for BusinessWeek.
This could potentially result in the sale of this property.
BusinessWeek however is not alone. Almost every [...]
New York Times considering charging for online access
Bloomberg has reported that the US based news media giant New York Times is considering charging for online access to their news articles.
They have asked some of their print subscribers if they would be willing to pay a small fee to access the content online.
The charges could [...]
Now Time Warner against free content online!
We already know that News Corp boss Rupert Murdoch does not like the idea of free news content online.
Now, Time Warner has joined the group.
Time Warner CEO Jeffrey Bewkes said during an investor conference that he does not like the concept where publishers provide their content for free [...]
Google thought of acquiring a newspaper company!
Google chairman and chief executive officer Eric Schmidt has admitted that the company considered acquiring a newspaper company but dropped the idea at a later stage.
He said that they thought about using its charitable arm, Google.org to support news businesses.
However, the company is unlikely to take [...]
Portfolio Magazine being shut down
Magazine publisher Condé Nast has announced that they are closing down the operations of the Portfolio magazine.
Portfolio is their business and lifestyle magazine.
Even the website of the magazine is not being spared as the company struggles to generate revenues from sales of advertisements.
The company said that the May issue [...]
Sun-Times Media Group files for Chapter 11
Sun-Times Media Group has filed for bankruptcy protection.
They are the owners of Chicago Sun-Times and many other newspapers.
Market analyst Mike Simonton spoke about them: “We’d be surprised if they are publishing a print daily newspaper by the end of 2010. They’ve been on the clock for [...]
Ann Arbor News to go web only
Ann Arbor News in Michigan has announced that they are discarding their print edition.
They would print their last edition in July and would become a web only entity after that.
Publisher Laurel Champion said in a statement that they are starting a new online media company [...]
Bharti Airtel to have nine different divisions with individual CEOs
India’s leading telecom company Bharti Airtel has announced that they are going to restructure their business operations into nine divisions with individual CEOs.
The company said that this has become necessary as they are expanding into new markets outside the telecom sector.
Some of these divisions [...]
